William Silber - Fed Has No Backbone to Hike Rates Like Paul Volcker Did in the Eighties

SBTV latest guest William Silber, Senior Advisor with Cornerstone Research, does not think the Federal Reserve will hike interest rates multiple times higher to combat out-of-control inflation in the near future because none of them has the guts to do so.

Discussed in this interview:
02:04​ Short sellers' role in the stock market
06:18​ GameStop was an anomaly, not a systemic problem
08:26​ Raising trading margins to manage risks
12:33​ Don't fight the Fed
16:01​ Will we have another Paul Volcker moment soon?
20:24​ No exit strategy for govt debt
22:44​ Can the dollar be replaced?
24:41​ Silver obsession?

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